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Cloudflare (NET) Stock Hits New ATH, Up 85% Since April 2025

Cloudflare (NET) Stock Hits New ATH, Up 85% Since April 2025

Author:

Global Cryptocurrency

Published:

2025-10-30 21:22:02

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BTCCSquare news:

Cloudflare shares surged to a record high of $230.31 on Thursday, extending a remarkable year of growth. The IT services firm outperformed Wall Street expectations with its latest quarterly earnings, fueling an 111.16% year-to-date rally.

Strategic initiatives are driving momentum. The company unveiled new incident response tools under its Cloudforce One division, merging threat intelligence with network-native defenses. A collaboration with Visa, Mastercard, and American Express aims to develop AI-powered shopping authentication layers.

Cloudflare's global network processes 227 billion daily cyber threats, cementing its role in combating sophisticated attacks. Citizens Bank maintains a Market Outperform rating with a $250 price target, though Goldman Sachs expresses cautious optimism.

By:

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